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“The Housing Australia Future Fund (HAFF) is an important initiative from the Federal Government to build 30,000 much need new social and affordable homes,” added Ms Martin.
“HIA is also pleased to see the establishment of ‘Housing Australia’, a new entity to oversee the HAFF and other key programs as part of the housing reform agenda.
“This includes, creating the National Housing Supply and Affordability Council to inform the Government of gaps in the supply of housing and identifying necessary funding and policy decisions to support more homes coming to market.
“The Federal Government recently announced that it wants 1.2 million homes built over five years starting July 2024, as part of its National Housing Accord. This is necessary to begin addressing the long-term shortage of housing supply.
“It is important to recognise that the commitment to supply 30,000 social and affordable homes via the HAFF represents only 2.5 per cent of this aspirational target.
“Broader reforms are required to address the current housing shortages and aid the private sector in enabling the delivery of the targets, these include:
“Without these broader reforms, the pressure on social and affordable housing will remain, and the continued under supply of housing of all forms will only increase,” concluded Ms Martin.
The Housing Industry Association (HIA) says the Victorian results in the HIA National Housing Accord Update released yesterday, while not as poor as some other states, highlight the urgent need for a reset in housing policy after the upcoming state election.
HIA’s annual Safety Summit is being held today in Adelaide (8 October) and will bring together industry leaders, regulators and workplace safety experts, providing practical guidance to help residential builders and tradies create safer worksites and support compliance in an ever-changing world.
The Housing Industry Association (HIA) is calling on the Australian Taxation Office and Federal Government to reverse the decision to cease accepting credit card payments from 30 November, warning the change needs to be viewed against the cumulative financial pressure already confronting residential building businesses.
“Housing commencements rose in the year to June 2026, but the latest data reflects yesterday's market, not the conditions facing builders today,” stated HIA Executive Director Victoria, Keith Ryan.